Liquidity they say is what drives the Market, and that he who sees or can spot Liquidity, isn't Liquidity but has the most probable entry setup
For those of you Traders who have been caught lacking on Liquidity for a while now allow me teach you a little I know !!
A Thread🧵
For those of you Traders who have been caught lacking on Liquidity for a while now allow me teach you a little I know !!
A Thread🧵
Now what is Liquidity ?? Liquidity per say refers to the ease with which a token can be swapped to other tokens, theoretically you can say that. but trading or spotting liquidities can be a gruesome task for most upcoming traders
Now lemme use an Analogy I used on my previous
Now lemme use an Analogy I used on my previous
Thread. Okay let's say I'm on a journey from Awka Anambra state to Imo state right ?, now one of the very essential things I'd need for my journey to be a smooth one is fuel, True or Yes ? YES !!
Without fuel I would be stopped half way into the trip and return back to buy fuel
Without fuel I would be stopped half way into the trip and return back to buy fuel
That's simply how liquidities are important for your trades/entries, liquidity is what fuels your trades to move your desired direction, without it your trades would be stopped out at some point in order to go in search of liquidities below your entry that you couldn't find
Thereby Certifying the claims that if you cannot see the liquidity you are the liquidity, now after the trade has gone against you in search of liquidities that you couldn't find,your body go calm down !! Then self doubt , revenge trading and other trading vices begin to pop up
Nwoke zuruike and learn some more, what I'll be teaching you today wouldn't be alot per say, but it'll open up your heart to appreciating liquidities, therefore going to research on more
Today there are countless types of liquidities
Some of them were even self named by traders
Today there are countless types of liquidities
Some of them were even self named by traders
I have 5 of them and some entry models I use steady and I'll elaborate them for you in this thread, the rest is then up to you to go research by yourself
For liquidities I trade with,I have BSL, SSL, TLL
Then I have liquidity sweep and order block sweeps which are on my past🧵
For liquidities I trade with,I have BSL, SSL, TLL
Then I have liquidity sweep and order block sweeps which are on my past🧵
Links to my other threads to read up on orderblock sweeps and liquidity sweeps below 👇
Orderblock sweep
Liquidity sweep trading strategy👇
Now that is cleared, lemme explain liquidities on a chart !!
Orderblock sweep
Liquidity sweep trading strategy👇
Now that is cleared, lemme explain liquidities on a chart !!
Now liquidities exist with equal touches or equal Highs or lows ( EQH & EQL )
Also exists for equal touches on a trendline. Now because these zones look enticing to clumsy retailers who buy at resistant lines or support, they go to set orders on them
Once an equal high or low
Also exists for equal touches on a trendline. Now because these zones look enticing to clumsy retailers who buy at resistant lines or support, they go to set orders on them
Once an equal high or low
Or trendline touches are created liquidities are formed !!
Liquidity is in form of money and The BFI (Banking & Finance institute) needs it from our orders
One importantly thing to also note is that Liquidities are usually wicky. Yh wicks meaning presence of wicks
Liquidity is in form of money and The BFI (Banking & Finance institute) needs it from our orders
One importantly thing to also note is that Liquidities are usually wicky. Yh wicks meaning presence of wicks
This is because they're very fast rapid movement !
3 major types of liquidities
- Horizontal Equal High / low
- Trendline Equal High
- Sharp Peak Reversal
I'll take my time to show
Horizontal EQH & EQL and TLL are very understandable and easy, here's them below
3 major types of liquidities
- Horizontal Equal High / low
- Trendline Equal High
- Sharp Peak Reversal
I'll take my time to show
Horizontal EQH & EQL and TLL are very understandable and easy, here's them below
Now the Sharp Peak liquidity I already indicated above in the 2nd pic, they're very confusing to understand but lemme show you one way to spotting them, how you know that type of liquidities is this
Now after a break of structure, the market doesn't just go straight to your OB
Now after a break of structure, the market doesn't just go straight to your OB
It creates something like an internal structure of HH, HL or LL , LH , now the last peak before the BOS is usually taken as the sharp point liquidity,
I use this strategy daily and it works
Even used it today to catch a 7RR short on btc earlier this evening
I use this strategy daily and it works
Even used it today to catch a 7RR short on btc earlier this evening
After having explained all of that, lemme explain some the 3 types of liquidities I trade with
TLL ( Trendline liquidity) this is a very popular one , now alot of you know what trendlines are right ?? Picture your Trendline tool in a typical trend that's how the TLL looks
TLL ( Trendline liquidity) this is a very popular one , now alot of you know what trendlines are right ?? Picture your Trendline tool in a typical trend that's how the TLL looks
When you spot a TLL close to a probable orderblock , Bam !! You have a high probability trade/setup
The BSL ( buy side liquidity) typically a buy side liquidity, I know alot of persons have been taught what they believe to be the position of the BSL but to not confuse you
The BSL ( buy side liquidity) typically a buy side liquidity, I know alot of persons have been taught what they believe to be the position of the BSL but to not confuse you
I normally note my BSL just as the name suggests "BUY" to be close to a demand zone for a buy order , so if a liquidity is lying close to your demand zone , I call it a BSL
The BSL can be a horizontal liquidity, a sharp peak or a trendline liquidity whichever !!
The BSL can be a horizontal liquidity, a sharp peak or a trendline liquidity whichever !!
The SSL is nearly same as the BSL only now you'd find it mostly at the sell zone
I know probably now alot of persons are readying their keyboards to correct the BSL & SSL position I indicated, lol relax, stick to what you already know !
How I've put it is only to aid easy
I know probably now alot of persons are readying their keyboards to correct the BSL & SSL position I indicated, lol relax, stick to what you already know !
How I've put it is only to aid easy
Learning and understanding, in real terms the SSL should be below and the BSL above , but then, this way I've presented it makes it alot more easier even for the coconut heads to understand 😅😅
Now onto the liquidity models I trade with,I'd just share 3 now, will update on more
Now onto the liquidity models I trade with,I'd just share 3 now, will update on more
No Liquidities before the POI ?
Sometimes this playing out fine can be lock or market bias but most of the time the market tends to now use Valid OB's as liquidity before resuming its move, simply have patient and figure out where the market wants to collect liquidity from !!
Sometimes this playing out fine can be lock or market bias but most of the time the market tends to now use Valid OB's as liquidity before resuming its move, simply have patient and figure out where the market wants to collect liquidity from !!
The 2nd is probably what I shared on the TLL
Just same high probability setups
Just same high probability setups
3rd is a but confusing
But you know those scenarios where you see no Liquidities but Market manages to mitigate your entry but unsure as you are
You're waiting for a lower time frame bos before you enter,
Now Market uses your OB on there as the Liquidities before the move up
But you know those scenarios where you see no Liquidities but Market manages to mitigate your entry but unsure as you are
You're waiting for a lower time frame bos before you enter,
Now Market uses your OB on there as the Liquidities before the move up
Couldn't find any recent examples on the last Model
But I'd update them on this thread if I see one ongoing
But anyways
That'll be the end !!
Are there other models you trade with that I'm not aware of ??
You can comment them I'd love to see your view and backtest on them
But I'd update them on this thread if I see one ongoing
But anyways
That'll be the end !!
Are there other models you trade with that I'm not aware of ??
You can comment them I'd love to see your view and backtest on them
Meanwhile >>>
That'll be the end of today's thread
Comment on what you learnt or questions you have , I'd attend to them all
Also Don't forget to Turn on post notification to my tweets so you're first to know when things like this drop on here
Also like + Retweet + Engage !!
That'll be the end of today's thread
Comment on what you learnt or questions you have , I'd attend to them all
Also Don't forget to Turn on post notification to my tweets so you're first to know when things like this drop on here
Also like + Retweet + Engage !!
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